20 Mar 2026 | 5 Mins Read
HDFC Bank shares drop 21% from all-time high
Flipitmoney
HDFC Bank's stock has fallen 21% year-to-date to Rs 809 due to its chairman Atanu Chakraborty's sudden resignation, citing non-aligned values. The bank's MD Sashidhar Jagdishan assured that no material issues have been identified despite the RBI stating there are no concerns about governance or financial position, prompting analysts to remain constructive.